According to FutureWise analysis the market for dental tourism in 2023 is US$ 7.63 billion, and is expected to reach US$ 21.48 billion by 2031 at a CAGR of 13.82%.
Dental tourism is the act of flying to another nation for dental treatment. In Europe, dental tourism is commonly referred to as a 'dental vacation' or 'dental holidays.' Dental tourism is a new sector that is rapidly expanding. The rise of the dental tourism sector is being fueled by approvals from various regional government authorities, notably in developing countries like Brazil, India, Malaysia, and Thailand. As more people become aware of the financial benefits of dental tourism, the number of outbound patients has increased. Furthermore, some patients plan their schedules so that their medical treatment does not coincide with their vacations or professional excursions. The mixture of high service offered by international clinics and low-cost treatment provided by renowned medical tourism destinations is predicted to drive demand for dental tourism. In addition, market trends in dental tourism, such as the evolution of CAD/CAM technology, have resulted in more effectively constructed crowns and bridges for individuals who require them. Dental tourism is expected to become more popular as a result of its several benefits, including less chair time and increased precision, as well as the reduced time required to cast crowns. Patients' preference for intraoral scanning over impression production techniques also shows that they are open to changes in the dental business. The availability of dentists with extensive experience, superior infrastructure for dental treatment, low cost, and a low language barrier have all contributed to the market's growth in India.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Dental Tourism Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Dental Tourism Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.